Sunday, July 6, 2025

SECU What's Next? Ain't Over 'Til It's Over...

      ... But Everyone Is Sure Watching Closely!

 

"Last-Minute Credit Union Expansion Bid Fails In N.C. Senate After House Push"

 

7/6/2025 [link] RALEIGH, N.C.— "Before heading out for their summer recess, members of the N.C. House attempted to grant North Carolina-chartered credit unions expanded authority through a last-minute addition to an unrelated tax policy bill..."

😎 Banks aren't thrilled...

"... be able to include anyone, anywhere in the world, and any business as a member..."

"... sought to give credit unions practically all the powers of banks, without taxing, supervising and regulating them like banks..."

  Why does SECU need H187 so desperately...?

2 comments:

  1. Good question. But the NC House of Representatives did not pass the legislation?

    ReplyDelete
  2. "What shall it profit a man, if he shall gain the whole world, and lose his own soul?"

    ReplyDelete